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Global brokerage firm Goldman Sachs has upgraded its outlook for India’s economic growth and lowered its estimate of the country’s current account deficit (CAD) after the announcement of the India-US trade deal. The firm cited the positive impact of lower US tariffs on Indian exports as a key reason for the improved assessment.Reacting to the…
Goldman Sachs analysts have predicted that AI could automate a quarter of all work hours. This will lead to significant job displacement but will stop short of a complete employment crisis. According to a Fortune report, Goldman Sachs analysts Joseph Briggs and Sarah Dong cited Department of Labour job numbers to claim that AI could…
Is AI leading to layoffs? This is the biggest question that analysts across spectrum have been trying to gauge. Goldman Sachs’ recent economic analysis shows a bifurcated picture of artificial intelligence’s impact on the workforce. The findings are claimed to be based on an analysis of third quarter corporate earnings of nearly all the S&P…
Gold is set to be the top performer in 2026, driven by strong central bank buying and rising global tensions, according to Goldman Sachs’ latest commodities outlook report. The bank forecasted gold prices to reach $4,900 by December in the new year, with central banks expected to purchase 70 tonnes monthly, which is four times…
Layoffs can be called as one of the ‘biggest’ words of 2025. Companies across sectors cut jobs. Some reasoned them on automation and some on restructuring or other factors. However, according to Goldman Sachs analysts, the era of Wall Street rewarding companies for cutting staff in the name of artificial intelligence may be coming to…
India has emerged as one of the standout opportunities for global investors assessing prospects for 2026, according to Goldman Sachs Asset Management’s Investment Outlook 2026. The report places emerging market equities at the centre of potential gains next year, supported by easing inflation trends, a softer US dollar and improving earnings performance across developing economies.Within…
Global equities are expected to generate strong long-term gains even though market valuations remain high, with Goldman Sachs forecasting an annualised return of 7.7 per cent in US Dollar terms over the next decade. The projection comes from the investment bank’s latest Global Strategy Paper titled Building Long-Term Returns: Our 10-Year Forecasts.According to news agency…
NEW DELHI: Goldman Sachs on Monday raised Indian equities to “overweight” and set a target of Nifty hitting 29,000 by 2026-end, driven by improving financial conditions and growth supportive policies by the govt and RBI.“With a year-long earnings downgrade cycle stabilising in the past few months and showing signs of recovery, coupled with our expectations…
India’s share valuations continue to remain elevated despite the underperformance. (AI image) Expressing confidence in the Indian stock markets, Goldman Sachs has raised its rating to ‘overweight’ and set a 29,000 level target for Nifty50 by end-2026. The latest Goldman Sachs report suggests a potential increase of approximately 14% from Friday’s close of 25,492.The firm…
Goldman Sachs CEO David Solomon has addressed concerns about AI-related layoffs that have affected workers and drawn attention from Federal Reserve Chair Jerome Powell. Solomon says that he does not expect AI to trigger widespread job losses, arguing the economy will adapt to technological change as it has in the past, adding that the technological…
